Why Oculus Would Have Turned Down A Deal From Google

"If we were going to partner with somebody, because this is a long road ahead ... we were thinking the whole time that we wouldn't partner with Microsoft or Sony," Iribe said on stage at Business Insider's Ignition conference.

Iribe said he didn't want Oculus to partner with a company that was already strongly tied to an existing operating system or platform because it would be too limiting.

"This really needs to be a new platform," he said.

The case was the same when he thought about what would happen if Oculus partnered with Google. Since Google is focused on so many bigger projects, Iribe felt Oculus might have gotten lost in the mix.